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We Now Know When and Where Gold Will Bottom

My call last week of a 13 week cycle upturn was premature, but bottom formation now appears under way in that cycle. Other short term lows are projected between now and xxxx xxxxxxx with a 4 week cycle projection of xxxx. A little further out, a 9-12 month cycle low now appears due between xxxxxxxx x and xxxxxxxx x at a projection of xxxx.

As far as mining stocks are concerned, the screens again produced zilch this week, so we sit and wait empty handed again for a better looking entry. That’s been the right strategy in recent weeks.

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The strategy and tactics suggestions in this report are informational and general in nature, and illustrative of one approach. They are not investment advice. No representation is made that it is the best approach, will be profitable, or even suitable for any particular investor.

Nothing in this letter is meant as personalized investment advice and you should not construe it as such. Trading involves risk of loss, and in the case of options, the loss can be 100% of the amount invested. Any trading that you do with reference to strategies and tactics suggested in this report should be done only after consulting with your financial adviser. Trade at your own risk. 

Posted in 3 - Gold Trader
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